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Commercial Land with Development Potential
For Sale
$735,000

2245 W Main St, Greenfield, IN 46140

1.979 acre commercial parcel with existing structures and development potential.

Property Size1,296 SF
Lot Size1.98 Acres
Price / SF$567.13
Days on Market526

Property Features for 2245 W Main St

General Information

Standard status Active
Size 1,296 SF
Lot size 1.98 Acres
Listing Agency: F.C. Tucker Company
Listed By: Rita Fish
Source: Exprealty
Added: Mar 14, 2025 Changed: Aug 20 Last Checked: Aug 20 at 10:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker Company

Investment Insights

Based on property information with market context.

This 1.979-acre commercial parcel is located on the west side of Greenfield. The property includes a well-maintained 1296 sq ft home, a 3-car attached garage, and a 1-car detached garage. The existing structures offer possibilities for various uses, and there is ample space for additional development. Situated immediately east of a 9-screen theater, the parcel is also near multiple car lots, other commercial establishments, and residential developments. The zoning is National Road, which permits a wide array of commercial uses, including residential with commercial uses, multi-family dwellings, retail stores, grocery stores, restaurants, studios, health studios, spas, garden centers, professional offices, financial services, convenience stores, auto washes, auto service and repair shops, auto sales, auction facilities, self-storage facilities, commercial parking, and manufacturing. Note that some uses may require board of zoning approval or development plan approval.

Key Highlights

  • Prime commercial location on the west side of Greenfield.
  • 1.979 acres offering significant development potential.
  • Extensive zoning (National Road) allowing for a broad range of commercial uses, including residential.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant HVAC Service Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 46140, IN

41,708
Population
18,167
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
242
Density / Sq Mi
$82,850
Median Household Income
$47,837
Median Earnings
$1,099
Median Rent
$227,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.979 acre commercial parcel with existing structures and development potential.
Where is this commercial land located?
The property is located at 2245 W Main St Greenfield, IN.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Prime commercial location on the west side of Greenfield.; 1.979 acres offering significant development potential.; Extensive zoning (National Road) allowing for a broad range of commercial uses, including residential.
More about this property
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